Invesco DB USD Index Bullish Fund ETF

UUP Arca

pepetradethere

I think we could see a pop and run triggered by short covering

tacosaurus

With some of the recent tightening rhetoric and pressure on the indexes, it's not much of a surprise demand for dollars has been increasing. We have a pretty clear bullish wedge break followed by a double bottom. Give this one at least a month or two -- I feel 26 is within reach (distance on 'W' is around 24.15-25.15, so 26.15 would be the actual expectation)....

bhowe

Chart of the dollar shows a Gartley pattern on the weekly time frame. ICL due in September, could time out.

DarkPoolTrading

Long UUP shares for 12% of portfolio 2.2N frequency stop

DarkPoolTrading

Idea for UUP (S2): - Fed moving rate hike expectations forward. - August Jackson Hole meeting will see the Fed begin 'talking about tapering' (even though they have been tapering for a while), why wait until then? Smart money will move before then. - Brazil hikes rates. EM's will first race to hike rates. - Fed and ECB will have to move by EOY. - Technical Double...

activemufffin

uup working in this triangle

samitrading

Any one would care to share his experience on UUP ETF. This ETF offers exposure to a basket of currencies relative to the U.S. dollar, decreasing in value when the trade-weighted basket strengthens and increasing when the dollar appreciates. This fund could be appropriate for investors seeking to a fund that is inversely correlated to the broad stock market or...

RizeSenpai

UUP Testing to see if it can find new support at previous resistance after a prolonged breakout of a falling wedge. Now looks to be a good time to buy some cheap call options expiring within the next 1-3 months. This also seems like a good signal that being careful with trading FX pairs against the USD seems to be the right thing to do as the USD looks like it...

burtnette

This $24.80 level is important imo. Will be watching this week to see how it reacts.

burtnette

Dollar at former support. What happens here probably has a pretty big impact on pretty much everything if I had to guess.

Trifecta_Capital_LLC

There are compelling indicators that we are on a verge of a February 2021 market correction and the USD is expected to breakout due to investors moving from equities to bonds and USD. The VIX index and 10 year bond yield have increased significantly recently. 10-year Treasury note yield TMUBMUSD10Y, 1.149% booked its largest weekly rise since June. A rising USD is...

JeremiahBarlow

Keep an eye on the dollar.

dorfmanmaster

Since the begging of 2021, we have seen around a 2% rally for the $USD; however, there is clearly a downtrend that has to be broken before the bulls get in. The next level after breaking the upper channel line would be the 100sma, which has proven to be useful as a trend-following system.

TTMTrades

A strong U.S. dollar could be bad for large-cap multinationals because it makes American goods more expensive overseas. If the U.S. dollar continues to appreciate, then it could also have a negative long-term impact because those overseas consumers will begin to turn away from American brands. On the other end of the spectrum, domestic companies will not be...

EBITDAtiger

The dollar has bounced off its bottom trend line. After having such a long period of weakening, it is due to bounce back a bit. It is extremely rare for the dollar to not reverse the trend after an extended period of strength or weakness. It may not rally back much, but it will give you some gains in the short-term. Sell half when it hits the upper trend line...

wavetimer

STARTED TO BUY A NET LONG TODAY

adventurous51

TTM Squeeze is almost never wrong when it says up, even in this major downtrend. Looking for catalysts? - Political gridlock on stimulus - No Deal Brexit - Covid 19 flaring up - Short term target is just above 25 - Longer term, if this is a bottom or should there be another liquidity crisis, this could go to 27 and beyond. Disclaimer: The above is not an...

burtnette

King dollar looks like it wants another leg down. Bullish equities/cryptos/anything else you buy with a dollar.